Median pay for Finance Associates in the United States is around $58K per year, but employers in Dallas offer the biggest paychecks; average compensation in that city is approximately $97K. Finance Associates will also find cushy salaries in Jersey City (+35 percent), New York (+32 percent), Seattle (+26 percent), and Los Angeles (+21 percent). This report is based on answers to PayScale's salary questionnaire.
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$38,533 - $93,911
(Median)
$39K
$58K
$94K
MEDIAN: $58,191
10%
50%
90%

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$13.51 - $26.51
(Median)
$14
$19
$27
MEDIAN: $18.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$38,533 - $93,911  
   
Bonus
$715 - $20,257  
Profit Sharing
$0.00 - $14,681  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$35,356 - $101,660  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 359
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25$50$75
Hourly Rate
$13.51 - $26.51  
   
Overtime
$14.94 - $45.13  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$715 - $20,257  
   
Profit Sharing
$0.00 - $14,681  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$35,356 - $101,660  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 54
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Job Description for Finance Associate

Finance associates perform a variety of accounting and financial duties for their organization. They are responsible for coordinating budget preparation, program narratives, and projections. They assist managers with creation of financial proposals, as well as plan and execute analyses such as for operational and capital budgets. Finance associates create statistical reports based on costs analyses and other relevant information. As needed, they must provide effective business analysis on subjects determined by management. Finance associates also administer fixed asset accounts and capital expenditures, as well as contextualize preliminary analyses for their supervisor and assist with work flow improvements throughout their organization.

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Finance Associate Tasks

  • Identify and advise on new investment opportunities for the company.
  • Assist in determining and negotiating the financial aspects of mergers and acquisitions.
  • Collect and analyze data to assist in corporate financial decisions.
  • Ensure compliance with standard practices and protocols within the industry.

Common Career Paths for Finance Associate


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Many Finance Associates move into a Senior Financial Analyst role, and folks who currently hold that position report a much higher median income of $76K per year.

Finance Associate Job Listings

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Popular Employer Salaries for Finance Associate


Popular Skills for Finance Associate


Survey results suggest that Finance Associates put a wide range of professional skills to use. Most notably, facility with Financial Modeling, Financial Analysis, and Financial Reporting are correlated to pay that is significantly above average, leading to increases of 49 percent, 15 percent, and 5 percent, respectively. Those listing Microsoft Office as a skill should be prepared for drastically lower pay. Data Entry and Accounts Receivable also typically command lower compensation. It is often found that people who know Financial Analysis are also skilled in Financial Reporting and Accounting.

Pay by Experience Level for Finance Associate

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Those in the early stages of their career can expect to make around $55K; however, individuals with five to 10 years of experience bring in $73K on average — a distinctly larger sum. Finance Associates see a median salary of $52K after reaching one to two decades on the job. Big financial gains seem to result from working for more than two decades; veterans in this group report earning $50K on average.

Pay Difference by Location

National Average: $56,581

Larger city markers indicate a job is popular in that location.

Related Job Salaries

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Experience Affects Finance Associate Salaries


National Average
$57,000



Late-Career
up arrow 13%

Skills That Affect Finance Associate Salaries

Financial Modeling
up arrow 49%



National Average
$57,000

Microsoft Excel
up arrow 2%


Accounts Payable
up arrow 14%

Accounts Receivable
up arrow 19%

Data Entry
up arrow 35%

Microsoft Office
up arrow 41%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 50 votes.

Gender

Female
44 %
Male
56 %

Years of Experience

Less than 1 year
10%
1-4 years
60%
5-9 years
18%
10-19 years
9%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 81%
medical benefits
Vision: 70%
dental benefits
None: 7%
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